Regulatory
South Sudan Lifts Cash Withdrawal Cap Amid Liquidity Crisis
The Bank of South Sudan (BoSS) has announced the removal of the SSP10 million ($2,567) cash withdrawal limit for commercial banks in a ...
Regulatory
Global: Bamboo Achieves U.S. Broker-Dealer License, Unlocking New Investment Opportunities for African Investors
Bamboo, a pioneering Nigerian fintech firm, has reached a significant milestone by acquiring a U.S. broker-dealer license through its affiliate, Bamboo Securities L.L.C. ...
Nigeria
Nigeria: SEC Enhances Oversight to Safeguard Investors Amid Nigeria’s Fintech Transformation
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to safeguarding investors’ funds as financial technology (fintech) continues to reshape Nigeria’s investment ...
Regulatory
Global: US Treasury and UAE Sanction North Korean Digital Asset Laundering Network
The United States Treasury Department, in collaboration with the United Arab Emirates (UAE), has imposed sanctions on two Chinese citizens and a UAE-based ...
Regulatory
Global: UK Seeks Feedback on AI Use of Copyrighted Material in Training
The United Kingdom government has initiated a consultation with artificial intelligence (AI) and creative industry stakeholders to explore potential legal frameworks for the ...
Regulatory
Global: Binance Australia Faces Legal Action Over Alleged Consumer Protection Breaches
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against Binance Australia Derivatives, accusing the cryptocurrency trading platform of misclassifying over ...
Nigeria
Nigeria: SEC DG Highlights Barriers and Strategies for Capital Market Growth
The Securities and Exchange Commission (SEC) has identified limited investor participation, regulatory challenges, and macroeconomic instability as critical barriers to the capital market’s ...
Regulatory
Global: PSR Urges Cross-Industry Data Sharing to Tackle APP Fraud
Authorised Push Payment (APP) fraud occurs when individuals are deceived into transferring money to fraudsters who impersonate legitimate entities. In 2023, APP scams ...
Regulatory
Global: UK Moves to Regulate AI’s Use of Copyrighted Materials
The British government has launched a consultation aimed at regulating the use of copyrighted materials in training artificial intelligence (AI) models, addressing concerns ...
Regulatory
Global: ASIC Sues HSBC Australia Over Alleged Failures in Protecting Customers from Scams
The Australian Securities and Investments Commission (ASIC) has initiated legal action against HSBC Australia, accusing the bank of failing to adequately safeguard its ...
